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Do I need to report my 'Coinbase Rewards' crypto currency if it's under $600 and I have not realized it?
I have received less than $50.00 from Coinbase Rewards. These are cryptos they 'gift' you for taking a test to learn about new cryptocurrency offerings. I understand that you need to fill out a 1099-MISC for being "gifted" crypto, but on the Coinbase website it sounds like it's not necessary if it's under $600.00. I'm trying to understand if I need to report my rewards, if I have not converted them to fiat or exchanged them.
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March 14, 2021
12:20 PM